Latest Agencies Headlines
All the headlines from our Agencies Topic Page, ordered by recency.
AFL Insurance Brokers Launches Marine Division, Hires Mott from Ed to Lead Unit
Mar 13 2018 // Independent Lloyd’s broker AFL Insurance Brokers Ltd. announced the launch of a commercial marine division, and the appointment of Alex Mott as director of Marine. A senior marine insurance professional with 16 years...
Michigan-Based Broker Acrisure Completes Acquisition of UK-Based Beach
Mar 13 2018 // London-based broker Beach & Associates announced the completion of its acquisition by Acrisure LLC, the Michigan-based retail consulting and insurance broker. Having obtained all necessary regulatory approvals,...
Texas Accepting Input on Amendments to Agent Licensing Rules
Mar 12 2018 // The Texas Department of Insurance (TDI) published proposed updates to Chapter 19 of the Texas Administrative Code, regarding agent and adjuster licensing and continuing education requirements on March 9 and is accepting...
Selnes Named AVP, Broker Distribution at at Church Mutual
Mar 12 2018 // Janet Selnes has been named assistant vice president – broker distribution for Merrill, Wisconsin-based Church Mutual Insurance Co. Selnes joined Church Mutual in 2003 as a regional representative and was promoted to...
Hub International Acquires Manitoba-Based Desilets Insurance Brokers
Mar 8 2018 // Hub International Ltd., the Chicago-based insurance brokerage, announced it has acquired the shares of Desilets Insurance Brokers Ltd. Terms of the acquisition were not disclosed. Based in Elie, Manitoba, Desilets offers...
Guest Post: Who Is Liable When No One Is Driving? Finale
Mar 7 2018 // We are grateful for friend of the Academy, Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS, Executive Director, Big “I” Virtual University who provided this blog series about autonomous...
Texas Agencies TCOR, Legacy, MS&B Merge
Mar 6 2018 // New Braunfels, Texas-based TCOR Management announced a merger with Legacy Insurors Group LLC, and MS&B Bonds and Insurance Services LLC, effective March 1. The operations of these two entities will continue under TCOR...
SouthPoint Risk Advisors Acquires 2 Tennessee Agencies
Mar 6 2018 // SouthPoint Risk Advisors, an independent insurance agency based in Nashville, has announced it acquired two Tennessee agencies at the end of 2017. On Oct. 1, SouthPoint officially acquired Consolidated Insurance Services,...
BIB Appoints Szalkay to Continue Southern Expansion
Mar 5 2018 // Boston Insurance Brokerage LLC (BIB), a national wholesale specialty insurance agency headquartered in Boston, has added Jennifer Szalkay as vice president of Property & Casualty Division. In this role, Szalkay assumes...
People
Mar 5 2018 // Integro Insurance Brokers has named Jacquelyn Neal as a principal in the marine practice. Neal is based in the San Francisco, Calif., office. She will manage a book of existing marine clients and develop new cargo and...
5 Strategies for Success in Small Business Market
Mar 5 2018 // The small business market is big. The U.S. small commercial market represents about one-third of the total commercial lines market and generates between $99 billion and $103 billion in direct written premium, according to...
Independent Agencies Post Gains in Organic Growth, Profitability in Q4: Reagan Consulting
Mar 5 2018 // Insurance agencies and brokerage firms ended 2017 with gains in organic growth and profitability in the fourth quarter. The 175 midsize and large agencies and brokerages participating in Reagan Consulting’s Organic...
NFP Focusing on Organic Growth in Central Texas Expansion
Mar 5 2018 // Employee benefits and property/casualty insurance broker and consultant NFP traditionally has grown through acquisitions but as the global organization targets Central Texas for expansion it plans to use another strategy...
Former Nationwide Agent in Mississippi to Serve 10 Years for Embezzling $117K
Mar 5 2018 // A former Mississippi insurance agent will serve 10 years in prison for embezzling $117,863.74 from a customer and converting the money for his own use, Mississippi Attorney General Jim Hood announced in January. Charles...
Georgia Insurance Agent Faces 28 Counts of Insurance Fraud
Mar 5 2018 // A Georgia insurance agent from Pierce County has been arrested and charged with 28 counts of insurance fraud, according to a statement from Georgia Insurance Commissioner Ralph Hudgens. Dana Larson Bowen, 52, of...
XL Catlin Insurance Taps AXA’s Hanna as Head of Central Broker Management
Mar 2 2018 // XL Catlin’s insurance operations announced it has appointed Elie Hanna as head of Central Broker Management. He reports to Philippe Gouraud, head of Strategic Client and Broker Management, Insurance. Based in London,...
U.S. Risk Announces Acquisition of L.A. Xcess Insurance Brokers, Inc.
Mar 2 2018 // Dallas, TX, March 2, 2018—U.S. Risk Insurance Group, LLC, the nation’s fifth largest Property and Casualty wholesaler, announced today that it has acquired L.A. Xcess Insurance Brokers, Inc., a Los Angeles,...
Agent and Carrier Strategies and the Future of Cyber Insurance
Mar 2 2018 // More than 20 years ago, Steven Haase wrote the first cyber insurance policy. Haase told Insurance Journal the story of how that first policy came about in the first part of this report, What Agent Who Wrote First Cyber...
What Agent Who Wrote First Cyber Policy Thinks About Cyber Insurance Now
Mar 1 2018 // It was more than 20 years ago. The Internet as it is known today was in its infancy. Steven Haase was with an insurance agency in Atlanta focused on insuring technology companies. “Around 1995, I saw the...
JLT Acquires U.S. Trade Credit and Political Risk Broker IRC
Feb 28 2018 // Global broker Jardine Lloyd Thompson Group (JLT) has acquired International Risk Consultants (IRC), a U.S. broker specializing in specialist trade credit and political risk insurance. Based in Columbus, Ohio, and operating...
